Sportsman’s Warehouse Sees First Positive FY Comps Since 2020; Sees Q4 Earnings Topping Guidance
EXEC: Wolverine Brand Expected to See Transition Year, Flat Sales in 2026
EXEC: Top Australian Outdoor and Sports Retail Group Sees Solid Start to Fiscal Year
EXEC: Wolverine Worldwide Hurt by Q4 Work Group Decline as Active Group Posts DD Gains
EXEC: Rocky Brands CEO Talks Brand Trends Across Company Portfolio
SGB Update

Shadow Systems Acquired in Management-Led Buyout
Shadow Systems, a Texas-based manufacturer of firearms, has been acquired by Roe Strategic Capital LLC, in a partnership between the company’s CEO, Trevor Roe, and his brother Richard Roe.

CODI Increases Board Size; Adds Two New Directors
Compass Diversified (CODI), the parent of 5.11, BOA and Primaloft, elected Eugene Kim and Glenn Richter to the company’s board of directors while Alexander Bhathal has resigned from the board, due to other commitments.

Sturm, Ruger’s Q4 Adjusted Profits Slump Despite Sales Gain
Sturm, Ruger & Company, Inc. reported sales improved 3.6 percent in the fourth quarter while earnings on an adjusted basis fell 58.1 percent.

Thor Industries Appoints Chief Information Officer, Shifts Technology Reporting Structure
Ryan Biren, Thor’s VP of Corporate Development, was promoted to chief information officer (CIO), a newly created executive officer role. An updated reporting structure includes functional reporting of all operating company IT leaders to the CIO.

Ebay Canada Appoints Ashley Lawrence to GM Marketplace
Lawrence returns to Ebay for his second tenure with the company, having previously held leadership roles from 2007 to 2021. Prior to rejoining Ebay, Lawrence served as COO at Kijiji Canada.
SGB Executive

EXEC: Zeiss Optics to Spin Off Hunting & Nature Business to New Independent Company
The German-based maker of optics and optoelectronics, and Palero, a German investment company, signed an agreement to spin off the the Hunting & Nature business into a new, independent company with Palero as the sole owner.

EXEC: Wolverine Brand Expected to See Transition Year, Flat Sales in 2026
Work Group revenue is expected to be approximately flat year-over-year in 2026. Wolverine brand revenue is also expected to be approximately flat year-over-year in 2026, with performance anticipated to improve in the second half of the year.

EXEC: Top Australian Outdoor and Sports Retail Group Sees Solid Start to Fiscal Year
Rebel reportedly delivered credible growth given variable consumer demand, elevated competitor activity and inventory availability challenges during the period, while outdoor retailer BCF sales were in line with a record prior year level and outdoor retailer Macpac was said to be a standout performer in the half, with strong comp store sales growth.

EXEC: Beretta Holding Nominates Four Directors To Ruger Board in Threatened Proxy Fight
Beretta Holding S.A., the largest shareholder of Sturm, Ruger & Company with a 9.95 percent stake, announced it has nominated four independent director candidates for election to Ruger’s board at its 2026 annual meeting.

EXEC: Wolverine Worldwide Hurt by Q4 Work Group Decline as Active Group Posts DD Gains
Saucony brand sales jumped 26.4 percent in the fourth quarter, and Merrell brand sales increased 5.9 percent year-over-year. Wolverine brand sales declined 10.5 percent year-over-year in Q4.




























